IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 08 Jan 2016 | Removal date: 06 Dec 2020
Still in force

State loan

 On 8 January 2016, the Singaporean government announced the Research, Innovation and Enterprise 2020 scheme for the years 2016-2020.
The plan foresees expenditures of 19 billion SGD (ca. 14 billion USD) or 4 billion SGD annually (1% of the country's GDP) for R&D projects in the country. The funds shall be focused on technological advances in the following four areas:

  • Advanced Manufacturing and Engineering
  • Health and Biomedical Sciences
  • Services and Digital Economy
  • Urban Solutions and Sustainability.

In these areas, the focus shall be on academic research, manpower, as well as innovation and enterprise.
A similar plan was introduced back in 2011 (cf. Related Measures) but with a smaller budget of 16.1 billion SGD.
A state measure in the GTA database is assessed solely in terms of the extent to which its implementation affects the extent of discrimination against foreign commercial interests. On this metric, the state aid proposed here is discriminatory.
 

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